Nationwide — A newly formed group of African American community members are demanding that the Securities and Exchange Commission immediately drop their complaint and apologize to entrepreneur Solomon RC Ali who has been enduring a long battle protesting his innocence to the government agency.
The group, which refers to itself informally as Black Wealth Matters, is calling the SEC, members of the House of Representatives Financial Services Committee which is charged with overseeing the agency, and other influential figures in the black community to rally to support Mr. Ali.
“It is tragic that in the wake of the murder of George Floyd and on the 100th anniversary of the bombing of the ‘Black Wall Street’ in Tulsa that the SEC weeks to put another black man down and continues to stifle black entrepreneurs,” said Arletta Saafir, the group’s leader.
“We call on members Congressional Black Caucus and the House Financial Services Committee – particularly Maxine Waters and Alma Adams to tell the SEC that if they continue to attack Solomon Ali that they will be defunded.”
More information can be found at www.supportsolomon.org
A video about the SEC targeting Solomon Ali can be viewed at